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re: Is Gen Z etc totally out of touch about salaries?
Posted on 5/23/22 at 8:47 am to Coach72
Posted on 5/23/22 at 8:47 am to Coach72
quote:
They all think they're going to drive Lambo's, live in a mansion, and sit around doing jack shite all day - despite the fact they have 7th grade educations.
They all think they can be famous for doing nothing.
2
Posted on 5/23/22 at 8:49 am to Palantir
quote:
so yes, wages are arbitrarily set.
2% make min wages. No, they are not arbitrarily set.
They are set according to the type of employee you want, and what it takes to get them to work. Unfortunately government has created a hardship for people who run small business.
Arbitrary: based on random choice or personal whim, rather than any reason or system:
This post was edited on 5/23/22 at 8:51 am
Posted on 5/23/22 at 8:58 am to RogerTheShrubber
quote:2% may make minimum wage, but the minimum wage is set across all 50 states to a number, so yes, wages are arbitrarily set with at least minimum.
2% make min wages. No, they are not arbitrarily set.
I won't rail on this any longer so we don't derail this thread on such an 'arbitrary' thing since we mainly agree with the premise that arbitrary wages are dumb, as you stated already in this thread:
quote:
Arbitrary wages are dumb.
Posted on 5/23/22 at 8:59 am to RogerTheShrubber
(no message)
Posted on 5/23/22 at 8:59 am to Palantir
quote:
wages are arbitrarily set with at least minimum.
Wrong. Most wages are higher than min wage.
Overwhelmingly.
Posted on 5/23/22 at 9:02 am to loogaroo
quote:
They all think they can be famous for doing nothing.
Sex and the City, and Friends did a number on certain people.
They think they can live some urban care free existence in the cafe's all day long with no individual responsibility, or even stable employment.
Posted on 5/23/22 at 9:04 am to Greenie10
quote:
401k with 6% company match, stock purchase option at 15% discount and at lowest price of the year
These things don't really matter to someone making $15
Posted on 5/23/22 at 9:05 am to RogerTheShrubber
quote:
Sex and the City, and Friends did a number on certain people.
how many zoomers do you think are watching sex in the city and friends?
Posted on 5/23/22 at 9:07 am to Dire Wolf
quote:zoomers were too young for lena dunham's girls, much less sex and the city
how many zoomers do you think are watching sex in the city and friends?
Posted on 5/23/22 at 9:07 am to Greenie10
29 pages so a lot of this may have already been said.
1) For a young kid out of HS, they can stay on their parents Health Insurance until age 26. Depending upon how good the parents plan is / cost compared to your company plan, this may make this benefit not worth much.
2) Anyone making $15/hr is going to struggle to contribute to a 401K (to get the match). They are also not going to have the cash flow to buy stock, or to buy new vehicles at a discount.
So yeah, for that age group, it is all about the paycheck.
They don't know enough to be retarded.
1) For a young kid out of HS, they can stay on their parents Health Insurance until age 26. Depending upon how good the parents plan is / cost compared to your company plan, this may make this benefit not worth much.
2) Anyone making $15/hr is going to struggle to contribute to a 401K (to get the match). They are also not going to have the cash flow to buy stock, or to buy new vehicles at a discount.
So yeah, for that age group, it is all about the paycheck.
quote:
Are these people retarded?
They don't know enough to be retarded.
Posted on 5/23/22 at 9:09 am to RogerTheShrubber
quote:I would say that it's way more than half. Majority seems to think that employers have a magic money machine and the only reason they don't pay more, is because they don't want to.
Probably half the posters in this thread cannot understand inflation and its causes.
Imagine you cut yards. You have 10 yards that you cut for an average of $50/yard. Word gets out that you do a great job, and your prices are reasonable. You start to get a lot of calls and your business grows to the point where you have to hire help. You hire a couple of people and your business triples. Then along comes the government. Makes decisions that triple your fuel costs and makes parts for your equipment extremely hard to get. Your guys want more money due to increase in inflation. So, you raise your prices to $75/yard. You end up losing 10 customers who now see the service as unaffordable. What's the first thing you do? That's right, LAY OFF AN EMPLOYEE! Sad thing is, at this rate, in the scenario above, the guy will end up back with no employees and less than the 10 yards he started with.......until the market corrects itself. That's when you will really see the pain.
Does everyone really think all those self-checkout lanes everywhere are just because the place doesn't want to hire people?
Posted on 5/23/22 at 9:12 am to greygoose
quote:
Majority seems to think that employers have a magic money machine and the only reason they don't pay more, is because they don't want to.
Which is unfeasible for most small business and why we are headed toward a recession.
People are dumb. They don't realize many small businesses are closing doors and are incapable of understanding the landscape.
This post was edited on 5/23/22 at 9:13 am
Posted on 5/23/22 at 9:14 am to Grateful Reb
Oh look, a thread where several (admittedly) poor people who don’t have a lot of money explain to others how money works.
Love it
Love it
Posted on 5/23/22 at 9:16 am to Dire Wolf
quote:
how many zoomers do you think are watching sex in the city and friends?
Friends is very popular with Gen Z kids.
Posted on 5/23/22 at 9:18 am to Grateful Reb
quote:
explain to others how money works.
You need it.
"Poor people" understand that if you don't have the money, you can't pay it. You don't understand that.
Retarded people like you think extra wages will come out of profit. The consumer ultimately pays.
Posted on 5/23/22 at 9:18 am to greygoose
quote:
Majority seems to think that employers have a magic money machine
Or they just skip the low paying employers and find a better paying job.
You pay more money, you get better work. You pay less, you get less. This is the market setting labor rates. That's capitalism. Companies that can't afford quality labor need to modify their business model. Adapt or die.
Posted on 5/23/22 at 9:18 am to Grateful Reb
quote:i'm glad we have these accomplished economists and titans of business to keep us in line
Oh look, a thread where several (admittedly) poor people who don’t have a lot of money explain to others how money works.
Posted on 5/23/22 at 9:19 am to GreatLakesTiger24
quote:
how many zoomers do you think are watching sex in the city and friends?
Zoomers love these shows.
They have this newfangled thing called "reruns."
Posted on 5/23/22 at 9:20 am to wadewilson
quote:
Or they just skip the low paying employers and find a better paying job.
Bingo.
However, most people aren't capable. Thats why they whine about the low wages they receive.
Most would rather bitch than succeed.
Posted on 5/23/22 at 9:21 am to dyslexiateechur
quote:
I don’t think the kids are the one who’s out of touch….
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